Cartica Acquisition Corp. 10-Q: Financials for Q1 2025
| Field | Detail |
|---|---|
| Company | Cartica Acquisition Corp |
| Form Type | 10-Q |
| Filed Date | May 15, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, SPAC, financials
TL;DR
Cartica Acquisition Corp. Q1 2025 10-Q shows $8.9M in assets, $1M in redeemable shares. No major changes.
AI Summary
Cartica Acquisition Corp. filed its 10-Q for the period ending March 31, 2025. The company reported $1,000,000 in common stock subject to redemption as of December 31, 2024, and $8,964,415 in total assets as of March 31, 2025. The filing also details changes in retained earnings and additional paid-in capital across several periods.
Why It Matters
This filing provides a snapshot of Cartica Acquisition Corp.'s financial health and capital structure as of the first quarter of 2025, which is crucial for investors assessing the company's stability and potential for future transactions.
Risk Assessment
Risk Level: low — The filing is a routine quarterly report for a SPAC with no immediate red flags or significant negative developments.
Key Numbers
- $8.96M — Total Assets (As of March 31, 2025)
- $1.00M — Common Stock Subject to Redemption (As of December 31, 2024)
- $6.99M — Additional Paid-In Capital (As of March 31, 2025)
- $1.35M — Retained Earnings (As of March 31, 2025)
Key Players & Entities
- Cartica Acquisition Corp. (company) — Filer of the 10-Q
- March 31, 2025 (date) — End of reporting period
- $1,000,000 (dollar_amount) — Common stock subject to redemption as of December 31, 2024
- $8,964,415 (dollar_amount) — Total assets as of March 31, 2025
FAQ
What was the total amount of common stock subject to redemption as of March 31, 2025?
The filing indicates $1,000,000 in common stock subject to redemption as of December 31, 2024, and the value for March 31, 2025, is not explicitly stated in the provided snippet but is implied to be similar or unchanged from prior periods.
What is the primary business of Cartica Acquisition Corp.?
Cartica Acquisition Corp. is classified under 'BLANK CHECKS' with SIC code 6770, indicating it is a special purpose acquisition company.
What were the total assets of Cartica Acquisition Corp. as of March 31, 2025?
The total assets of Cartica Acquisition Corp. as of March 31, 2025, were $8,964,415.
When was Cartica Acquisition Corp. incorporated?
The filing indicates the state of incorporation as 'E9' and the fiscal year end as December 31, with a filing date of May 15, 2025, for the period ending March 31, 2025.
What is the company's mailing address?
The mailing address for Cartica Acquisition Corp. is 1345 AVENUE OF THE AMERICAS, 11TH FLOOR, NEW YORK, NY 10105.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 15, 2025 regarding Cartica Acquisition Corp.